| Today's Economy
No Relief in Sight for First Quarter GDP U.S. growth for the three months to March is still tracking 0.8% after housing starts and industrial production. Surprise U.K. Elections Add to Europe’s Political Chaos May will likely win handily, but too many variables could derail her EU exit strategy. U.S. Industrial Production Not as Good as It Looks Weather boosted utilities, while manufacturing output dropped. Temporary Setback in U.S. Housing Starts Weather likely weighed on the March numbers. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Macro Outlook: In the Eye of the Beholder The economy’s performance is not nearly as good as Trump supporters believe nor as bad as claimed by Trump detractors. U.S. Chartbook: What Gives With U.S. Inflation? Core inflation posts its largest decline since the 1980s. U.S. Weekly Highlights and Preview, 14 April, 2017 We expect weather to have weighed on housing starts in March. Macro Roundup: Steady Inflation Pressures Across Asia’s Powerhouse Economies Low food inflation has curbed consumer prices, while commodity prices drive producer inflation. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada
International Transactions in Securities
Feb. 2017: C$38.8 bil
The Canadian economy once again attracted a net foreign inflow of funds in February, following last month's anomalous outflow. United States
New Residential Construction (C20)
Mar. 2017: 1.215 mil
Housing starts slipped in March, coming in 6.8% below the revised February total, but they are still up by 9.2% from March 2016. United States
Industrial Production
Mar. 2017: 0.5%
Industrial production advanced 0.5% in March after remaining nearly flat in February. Russian Federation
Industrial Production
Mar. 2017: 0.8%
Russian industrial production resumed its upward climb in March, rising 0.8% year over year after a 2.7% drop in February. United States
Moody’s Analytics Policy Uncertainty Index
April 14: 101.2
Policy uncertainty warrants close watch, as a number of pressing issues on the fiscal front are approaching. » VIEW MORE ECONOMIC INDICATORS | 
